Bank of Punjab Rozgar Scheme 2023

The bank of Punjab with the collaboration of the government of Punjab is always ahead in serving the people of Punjab with its great offers and opportunities. Bank of Punjab has announced loan scheme 2023 through its Punjab Rozgar scheme loan with the slogan of “har fard ka Khayal” for all persons who are residents of Punjab for starting new businesses or expanding existing businesses with a bank of Punjab Rozgar scheme.

Punjab Rozgar Scheme 2023 Types

The bank of Punjab has already distributed 5 billion rupees through Punjab Rozgar Scheme. Now with the latest Punjab Rozgar scheme 1 million rupees have been fixed for the agriculture sector, 2.5 billion rupees have been fixed for the small and medium enterprises sector whereas, for the green development project, 500 million rupees are fixed.

Punjab Rozgar Scheme Mark Up  and Eligibility Criteria

As far as the markup interest is concerned, for getting a clean loan up to rupees 1 million mark up is @ 5% per annum, and for getting a secured loan of above 1 million rupees up to rupees 10 million mark up rate is @ 5% per annum. The eligibility to get loan criteria is that any person who is a resident of Punjab and aged 22 to 50 years can apply for getting a loan through the Punjab Rozgar scheme 2023.  The tenure of the loan is 2 to 5 years.  All terms and conditions will be applied as per Bank policies. It’s better equity for women, transgender and differently abled people.